With profits dropping 91 per cent in the three months from April through June, Harley-Davidson has announced plans to reduce its workforce by 1,000 people in the United States
Motorcycle shipments will also be reduced.
The company’s earnings dropped from $222.8 million U.S. to just $19.8 million in the quarter. Revenue fell to $1.15 billion, a 27 per cent drop, as sales declined.
No word from Deeley Harley-Davidson, the Canadian distributor.